Question

Groups of countries that seek mutual economic benefit from reducing interregional trade and tariff barriers are called _________

A. multilateral economic associations.
B. cartels.
C. multinational market regions.
D. trade associations.
E. political and cultural associations.

Answer 1

c

Step-by-step explanation:

Multinational market regions are groups of countries that seek mutual economic benefit from reducing interregional trade and tariff barriers.

Types of multinational market regions

1. Regional Cooperation Groups.
2. Free Trade Area
3. Customs Union.
4. Common Market
5. Political Union